Securities Law & Instruments

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CSA Staff Notice 11-337
Notice of Local Amendments and Changes in Alberta, Manitoba and New Brunswick



December 7, 2017

From time to time, a local jurisdiction may amend a national or multilateral instrument or change a policy or companion policy that affects activity only in that jurisdiction. The CSA recognize that such a local amendment or change may nonetheless be of interest or importance beyond the local jurisdiction and CSA staff are issuing this Notice to identify amendments and changes implemented in Alberta, Manitoba and New Brunswick. For public convenience, CSA members in other jurisdictions will update the text of the applicable material on their websites to reflect these local amendments and changes.

The local amendments and changes referred to in this notice comprise those shown in Annexes A to D of this notice. These local amendments are to the following instruments:

• Multilateral Instrument 11-102 Passport System (Alberta, Manitoba and New Brunswick);

• National Policy 11-207 Failure-to-File Cease Trade Orders and Revocations in Multiple Jurisdictions (Manitoba and New Brunswick);

• National Instrument 13-101 System for Electronic Document Analysis and Retrieval (SEDAR) (Alberta, Manitoba and New Brunswick); and

• National Instrument 14-101 Definitions (New Brunswick).

The text of rule and policy consolidations on the websites of CSA members will be updated, as necessary, to reflect these local amendments and changes. You may direct questions regarding this Notice to:

Kari Horn
Sylvia Pateras
Alberta Securities Commission
Autorité des marchés financiers
Tel: 403-297-4698
Tel: 514-395-0337, extension 2536
kari.horn@asc.ca
sylvia.pateras@lautorite.qc.ca
 
Chris Besko
Simon Thompson
The Manitoba Securities Commission
Ontario Securities Commission
Tel: 204-945-2561
Tel: 416-593-8261
Chris.Besko@gov.mb.ca
sthompson@osc.gov.on.ca
 
Susan Powell
Sonne Udemgba
Financial and Consumer Services Commission (New Brunswick)
Financial and Consumer Affairs Authority of Saskatchewan
Tel: 506-643-7697
Tel: 306-787-5879
susan.powell@fcnb.ca
sonne.udemgba@gov.sk.ca
 
Steven Dowling
H. Jane Anderson
Securities Division, Prince Edward Island
Nova Scotia Securities Commission
Tel: 902-368-4551
Tel: 902-424-0179
sddowling@gov.pe.ca
jane.anderson@novascotia.ca
 
Jeff Mason
Rhonda Horte
Office of Superintendent of Securities, Nunavut
Office of the Yukon Superintendent of Securities
Tel: 867-975-6591
Tel: 867-667-5466
JMason@gov.nu.ca
rhonda.horte@gov.yk.ca
 
John O'Brien, Superintendent of Securities
Thomas Hall
Office of the Superintendent of Securities, Service NL
Department of Justice
Tel: (709) 729-4909
Government of the Northwest Territories
johnobrien@gov.nl.ca
Tel: (867) 767-9260 ext. 82180
tom_hall@gov.nt.ca

 

ANNEX A

Local Amendments to Multilateral Instrument 11-102 Passport System in Alberta, Manitoba and New Brunswick

1. Multilateral Instrument 11-102 Passport System is amended by this Instrument.

2. Appendix D is amended by replacing the following row:

Provision

British Columbia

Alberta

Saskatchewan

Manitoba

Quebec

Nova Scotia

New Brunswick

Prince Edward Island

Newfoundland and Labrador

Yukon

Northwest Territories

Nunavut

Ontario

 

Protection of minority security holders in special transactions

n/a

MI 61-101

n/a

MI 61-101

with the following:

Provision

British Columbia

Alberta

Saskatchewan

Manitoba

Quebec

Nova Scotia

New Brunswick

Prince Edward Island

Newfoundland and Labrador

Yukon

Northwest Territories

Nunavut

Ontario

 

Protection of minority security holders in special transactions

n/a

MI 61-101

n/a

MI 61-101

n/a

MI 61-101

n/a

MI 61-101

These amendments became effective in Alberta, Manitoba and New Brunswick on July 31, 2017.

 

ANNEX B

Local Changes to National Policy 11-207 Failure-to-File Cease Trade Orders and Revocations in Multiple Jurisdictions in Manitoba and New Brunswick

Annex C to National Policy 11-207 Failure-to-File Cease Trade Orders and Revocations in Multiple Jurisdictions is changed by adding the following under the headings "Jurisdiction" and "Legislative reference":

Manitoba

Subsections 148.4(3) to (8)

New Brunswick

Section 184.1

The Manitoba change became effective on June 2, 2017 and the New Brunswick change became effective on June 28, 2016.

 

ANNEX C

Local Amendments to National Instrument 13-101 System for Electronic Document Analysis and Retrieval (SEDAR) in Alberta, Manitoba and New Brunswick

1. National Instrument 13-101 System for Electronic Document Analysis and Retrieval (SEDAR) is amended by this Instrument.

2. Appendix A -- Mandated Electronic Filings, section II Other Issuers (Reporting/Non-reporting), under C. Securities Acquisitions is amended by replacing item 3. with the following:

3. Issuer Bid Reports

Alta, Man, Ont, Que & NB.

3. Appendix A -- Mandated Electronic Filings, section II Other Issuers (Reporting/Non-reporting), under D. Going Private and Related Party Transactions is amended by replacing items 1. and 2. with the following:

1. Going Private Transaction Filings

Alta, Man, Ont, Que & NB

2. Related Party Transaction Filings

Alta, Man, Ont, Que & NB.

4. Appendix A -- Mandated Electronic Filings, section III Third Party Filers is amended by replacing item 5. with the following:

5. Take-over Bid Reports

Alta, Man, Ont, Que & NB.

These amendments became effective in Alberta, Manitoba and New Brunswick on July 31, 2017.

 

ANNEX D

Local Amendment to National Instrument 14-101 Definitions in New Brunswick

Appendix C of National Instrument 14-101 Definitions is amended by replacing "New Brunswick Securities Commission" with "Financial and Consumer Services Commission".

This amendment became effective on February 1, 2017.